Gasmeth Energy Limited, a locally registered company, has committed to invest over US$400 million in the construction and maintenance of a gas extraction plant, processing and compression project in Lake Kivu. The firm signed an agreement to the effect with the government through Rwanda Mines, Petroleum and Gas Board (RMB) …
Read More »African Union and African Development Bank to co-host launch of “African Leaders for Nutrition (ALN) Accountability Scorecard
African Union and African Development Bank to co-host launch of “African Leaders for Nutrition (ALN) Accountability Scorecard What: African leaders will gather at a side event of the 32nd African Union Summit, to launch the African Leaders for Nutrition (ALN) Continental Nutrition Accountability Scorecard Where: Lalibela Ballroom, Hotel Sheraton, …
Read More »East Africa’s joint mega railway project at the crossroads
East Africa’s ambitious standard gauge railway line linking the port of Mombasa to the landlocked countries in the region has fallen behind schedule largely due to financing constraints, doubts over its economic viability, the cost of construction and indecisiveness on the part of some partner states to build their respective …
Read More »African Development Bank and Rwanda Sign financing agreements worth €115 million for water projects
Kigali, Rwanda, 16 January 2019 – The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and Sanitation Programme as additional financing. The funding, which comprises €114.27 million from the AfDB window and €0.8 million from …
Read More »Kenya forex reserves stay in the red
Kenya’s balance of payments (BOP) position improved in the three months to September 30, 2018, as the country exported more goods and services, but the value was not big enough to plug a Ksh39.2 billion ($392 million) deficit. The BOP tells whether the country is saving enough to pay for …
Read More »RDB, Alibaba seek to increase Rwanda’s exports to China
Rwanda Development Board (RDB) yesterday met a 16-member delegation from Alibaba as they seek to bolster trade between Rwanda and China. RDB said in a statement that the visit by Alibaba is a follow up to the Electronic World Trade Platformme (eWTP) agreement that was signed by President Paul Kagame and …
Read More »OIF: Mushikiwabo officially takes office at the head of the Organization
In the morning of January 4th, 2019, it has just been announced the taking of office of Mrs. Louise Mushikiwabo as the New Secretary General of the OIF. The Rwanda’s former Foreign affairs minister, this week assumed office as head of “Organisation Internationale de la Francophonie” (OIF), an organisation that …
Read More »African Water Facility has raised €1.4 billion and funded 117 projects in 52 African countries
Abidjan, Cote d’Ivoire, 17 December 2018 – The Governing Council of the African water Facility (AWF) has commended the Facility for mobilizing over €1.4 billion for the implementation of projects. The Facility has also funded 117 national and regional projects in 52 countries, including transition states, since it began operations …
Read More »YVC2018: RVCP in promoting youth stake in zero new HIV infection in Rwandan villages
In conference of two days “Youth for Village Conference” (YVC2018), on 15th to 16th December 2018 by youth students organization “Rwanda village community promoters” (RVCP), increased youth knowledge on HIV/AIDS, its effects on people’s lives and how to prevent it. Medical doctor and Lecturer in university of Rwanda Dr Richard …
Read More »AEC 2018: Pushing for an inclusive African Continental Free-Trade Agreement
Kigali, Rwanda, 6 December, 2018 – A truly successful implementation of the African Continental Free Trade Area agreement cannot be achieved without the “people dimension,” which ensures that the integration process will be inclusive and not lead to inequalities. In an interactive plenary session with experts and policy makers on …
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